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FedEx' Subsidiary Opens Seven New Freight Forwarding Offices

LBR Staff Writer Published 11 November 2009

New facilities to support international freight forwarding operations and provide coverage across Asia and Europe

FedEx Trade Networks, a subsidiary of FedEx and an international ocean and air freight forwarder, has opened seven new freight forwarding offices across Asia and Europe.

In Asia, the facilities are located in Xiamen, Tianjin, Dalian and Ningbo, China, as well as a representative office in Ho Chi Minh City, Vietnam. These new offices support the company's international freight forwarding operations and provide coverage in key Asia-Pacific trade lanes.

In Europe, the company opened two new facilities in Paris, France and Amsterdam, Netherlands. These openings mark the company’s first owned operations in Europe and will allow FedEx Trade Networks to provide its customers with enhanced freight forwarding services between Europe, Asia and North America, including additional support and capabilities in the growing Europe-Asia trade lane. The Netherlands office also serves as the company's headquarters for the Europe, the Middle East and Africa region.

Fred Schardt, president and chief executive officer of FedEx Trade Networks, said: “With this latest expansion in Asia and Europe, we can deliver more comprehensive global supply chain solutions to match the world’s ever-changing needs. Global shippers want flexible and reliable international freight forwarding, and our increased infrastructure can better support their needs between Europe, Asia and North America as well as intra-regionally.”

The expansion will also result in various benefits for customers, including expanded regional access to services including international direct distribution, supply chain visibility, online FedEx trade tools such as WorldTariff, and trade and customs advisory services; and support across other FedEx operating companies in each market and enhanced access to the FedEx global network.

These facilities are the latest additions to the company's plan to expand its global presence in key markets throughout Asia, Europe, the Middle East, Africa and Latin America.

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